on the questions of law the commission sits de novo and exercises its on judgment of the law. on questions of fact we refer to the staff's careful review of submittals. we are not going to it is here and good through everybody's documentation. on appeal if somebody shows error we would have opportunity to correct that and move forward. arbitrary and capricious, i am going to take the position our staff will ever be arbitrary and capricious, i don't want to find out they made a mistake and to correct it i have to stretch and conclude they did it in an arbitrary manner. sometimes mistakes happen despite due diligence. i didn't like that standard. >> where we are then is that for attachment 3, we will hold that over to the december meeting and that staff will prepare and work with the city attorney's office for a legal briefing in closed session on those issues that were raised both by attachment 3 and attachment 2. we will take public comment on agenda item number 5. >> san francisco we have a lot of residents. at the same time our public like employees 50% are not living in the

lars freurgaard ceo of novo nordisk. >>> let's pivot to commodities, materials. i don't have a pivot apart from the fact that they're both exposed to the global market in china. >> share buybacks, maybe bhp announced a buyback program, it will be split between a buyback and a special dividend the stock price moving higher. and gdandanske cited a 1.5 billn krona donation to initiatives against financial crime. denmark's largest lender is involved in a money marketing scandal at its estonia outlook a lot of other metrics in the business look strong despite the extent of this scandal >>> coming up, we llpe twi sako john dacey, that's next. >>>credit swiss in the read after missing forecasts, despite jumping over 70% tidjane thiam saying the environment remains challenging. >> there is a disconnect between the condition of the economy, if you wish, and the psychology and mindset in markets we see big volumes when the market goes down, small markets when the market goes up. >>> bt edges its full-year outlook higher after the profit jumps 2% the outgoing ceo says while

we will wait for more of them, but some of the numbers on novo. ? let's give you a quick summary and credit suisse. manus: basically, they have missed. there is a full t live discussion with all the editors. third suisse, net income, quarter the concern was what would happen within the private wealth. the outlook for the global economic growth in the fourth-quarter remains positive. funding and restructuring 10%.es will lift to they say they are on track for less than 17 billion francs of cost. this bank has delivered losses for three years in a row. tidjane thiam was supposed to turn the corners on this. net new money, 14.8 billion. further profit improvements into 2019. the man with the answers is of course the ceo, tidjane thiam. he will join francine lacqua very shortly, and about eight to 10 minutes' time. how did they miss numbers? what is going on with costs? is there such a duplication in market that it has frightened public wealth -- private wealth clients from trading? meantime, dudley humphrey -- desley humphrey has first word news. desle

novo core one of those if you still work with quite a one you are what they were the car and you know boom boom would you would touch it in you know corn no one would you were supposed to think. i know. a low. hunger nuku on the stalks and a card to play. with then. i didn't know what their money might seem. none of the women we met suggested that feminism in that country is just empty well . they all believed that the new rwanda was a land of equal rights and they were also quite sincere when they say it was the country's women who rebuilt a happy and prosperous nation. and it will be the women. new jeans to pay over one does terrifying. suit me. to. say. he told. me this would. be two people on this. is we. finally the midterm elections and there are many questions with these races a referendum on donald trump's time in office what will the democrats are doing power and what are trying to chances in twenty twenty. what started the revolution recently against mubarak was that the price of wheat went up prices went up to forty to fifty percent of the monthly budget of the average inje

when this project was heard, and we don't -- this is de novo. we don't have plans from the past, we don't know anything, so we're taking it from that point. but have you had the opportunity of -- of looking at what was proposed in 2003, was it? >> correct. >> vice president swig: and what were the variances -- what were the major differences that created the variances at that point, and what i'm trying to get over for the satisfaction of the appellants is that this is the same old project, and they're just ramming it through again 15 years later. but what were the ravariances used? do you have any knowledge of that. >> from what i remember -- and i will admit, it's been a while since i've looked at it in detail. the bulk of the house was much larger. they are seeking a variance basically for intruding into a portion of the rear yard. i will note we did do a lot of shaping with the architect to kind of get to the building form that you see before you. >> vice president swig: okay. and that may have been some of the dotted -- on one of the example

now, we see that right now, novo nordisk is winning based on our latest innovations. has announced they lilly hasthat -- eli announced they have data that could lead to a strong product. things we can launch in a couple of years. in our pipeline, we have next-generation opportunities where we believe we can match or even beat what lilly is bringing forward. this is a classic pharmaceutical positive which is because there are two companies aiming at expanding the markets and driving up the value of the markets, for the benefit of patients getting better products. therapy thatne novo nordisk once to get involved with, if not, how will your hemophilia portfolio perform? in gene are not yet therapy. what we're focusing on is stem cell-based therapy, not particularly in hemophilia, but working with cells is something we know very well. we are investing significantly in stem cell based therapy. forave opportunities competing on the longer-term, the right now it is not based on gene therapy. matt: let me ask about the possibility of m&a. do you think you need to pursue acqui

a little bit said novo or you could be. the only girl. in the circle but the bank would sit with it so the verdict is in kind of squishy clear parisians preferred the wine from making us all her well maybe for once the don't rule towns being vindicated as the wind from his country seems to have trumped that from france so on this occasion from paris we admit defeat but nevertheless we will always weighs a gloss and say so and say show that you can ski auti paris charlotte's taste test one more all of this week's stories an exchange of fire between israel and militants. hundreds of strikes from both sides and ukraine's far right parties summer camp where children are taught to kill more after the break. i've been saying the numbers mean something they matter the u.s. has over one trillion dollars in debt more than ten white collar crimes have been each day. eighty five percent of global wealth he longs to the ultra rich eight point six percent market saw a thirty percent rise last year some with four hundred to five hundred trade her circu

de novo is not a trivial principal, and i would think people might have opinions about it. >> commissionerly. >> commissioner lee: thank you, madam chair. my support for taking action on attachment 1 today there are a couple reasons. one, i do agree with the director that the more time to allow the public to get used to the new regulatory changes and more importantly for the staff to prepare. we are hitting the holiday season in december, and much of what is included in attachment 1 was already discussed at the last meeting. it was based on the last discussion that we had that the staff had prepared for attachment 1. i do think that the public had the opportunity to comment, am i right, at the last meeting? the proposed regulatory changes were reflected by the commission's comments as well as public comment. >> that's correct, but i think the point from commissioner kopp and that i was making as well, the public notwithstanding we are adviced that the change in standard every view is within the scope of the notice that it is a change, that we have discussed here and given public comment. it

the novo leads to going back and talking again.o to no deal, it will be uncomfortable for britain but a lot more uncomfortable to other european countries, holland, belgium. my view is this deal is no good. it is actually worse than membership, and if it comes down to it and it is between this deal and no deal, i would rather go no deal. >> tensions between the u.s. and china have been escalating and contributing to market fluctuations. as volatility spiked this week, barclays bank chairman joined bloomberg markets: asia for a conversation. he says investors had best pay close attention to the clash between the two largest economies. >> my own investment thesis is that a global revolution started a few years ago. because it was not a revolution with young men on tanks, it was not noticed in the way that some revolutions are. this was a revolution fueled by populism and fueled by the breakdown in multilateralism and the rise of the nationstate. the markets found it hard to price those risks and tended to ignore them. these risks are

to be honest, when you appeal a decision from the planning commission, not only -- this does a de novo board. not only can we not agree with them, we can add the decks back on, and so that's always a risk coming to this -- coming to this commission after the planning commission has made theirs. what i see before us on this project is a fully code compliant project. it's not asking for any variances or exceptions, and the fact that the current owner did an ellis act, that's a decision for him, and at which point there's a deed restriction on that which does not concern this board. i am personally for this project, and i would not support -- i would support full approval. >> commissioner lazarus: i happen to concur with that opinion, that it has been through a number of iterations. clearly, the neighbors are not happy with it, and 22nd street seemed to be kind of a good way to get at whether that was appropriate. i'm satisfied with the answers from the planning department. i think they fully looked into that, whether it's carolina street or 22nd street, and confidence on their part that

. >> a lot of people proud here for sure anthony novo we have more straight ahead. >>> wherever he goes pete najarian carries ununusual activity which stocks are set to pop or drop coming up. how data partners at kensho looking at defense stocks as we honor america's veterans the numbers show northrup, boeing, general dynamics all farewell in the three months after midterms for more go to cnbc.com/kensho "the halftime report" returns fromhe jnt toi base mcguire-dix-lakehurst in a flash. i'm ken jacobus and i switched to the spark cash card from capital one. i earn unlimited 2% cash back on everything i buy. and last year, i earned $36,000 in cash back. which i used to offer health insurance to my employees. what's in your wallet? something is transforming and our world.. it's the longevity economy - americans 50+ driving 7.6 trillion dollars... of economic activity every year. right before our eyes, aging is unleashing exponential growth... ...in every industry. are you ready? we are. a-a-r-p is teaming up with business leaders and innovators... ...sparking new ideas and real solutions.

the wealth that the he way of what he for a while battle how the novo walk out of iraq and you have dealt with our one your own but they'll be out there on a bit. but it was far from simple. all of this maneuvering was going on at the same time as the british and french representatives mark sykes and francois pico were carving up the middle east between the. shereef a saint dreamt of a great arab state to include the levant from the egyptian border up to the taurus mountains in turkey. plus all of mesopotamia to the border in the north and the whole of the arabian peninsula except for the british colony of aden. kind of. how do you see. and conquer them most i know how can i say leave you as you've been out of. your me a quandary your door the. iraqis in iran and cocoon are much learned taksim. now i can beat up on you know i did that and now so fucked up for him he made much i did ok for that would i have had the advantage that any i could go to many kind of a kid my body i know who laughs about how to do another record or not muscle how to do a minute about. britain weighed up the benef

also on the upside, novo nordisk is up 3.6%.rn we could see pressure on the homebuilders with house price data out of the u.k. but also the ongoing political crisis over brexit. berkeley trading down 1.5%, but nothing too dramatic. performer, he worst arkema down 2.9%. anna? anna: that's the market open. that's how we position this morning. i'm at the confederation of british industry's annual conference, what theresa may will try to sell her brexit deal to businessman. a possible leadership challenge. joining us on set is stephen isaacs, chairman of the investment committee. you say in your notes of the eu is misunderstanding the entire brexit situation. what do you mean and where does that take us next? stephen: good morning. what i'm saying is we're commemorating the 100th anniversary of the first world war. and what came after that was the treaty of versailles. and the treaty of versailles was misconstrued right from day one in the sense that the victorious powers extracted a very tall against germany. and we know what happe

substantial majority, 45% suggest this deal will get voted through. 134 on a vote through. 125 on a novo -- no vote. interesting. goldman sachs said you need a one million barrel a day cut to bolster the market. $50, you got credit. thrifty 50. good morning. nejra: good morning. definitely still focusing on european politics today. some saying cable could drop as low as 110. 125.are questioning salvinine from italy, and demaio are involved on the ground discussions. italy's debt target must be closer to 2% for the eu. some rusk use says italy and the eu are so far -- still far apart. for now, let's take a look at what has been driving the session in the u.s. and overnight. we did see u.s. stocks gain in yesterday's session. u.s. futures have been coming through their on s&p 500 up 0.1%. the bloomberg dollar index is holding onto three days of gains. jay powell speaking later, that is in focus as well as the fed minutes we get later this week. mixed messages from fed officials yesterday. the main focus was on rich clarida's comments. some reading a lot into the fact he forgot the word "so

business is the question on agreeing to the speaker's approval of the journal which the chair will put de novo. those in favor say aye. those opposed, no. in the opinion of the chair, the ayes have it. the journal stands approved. for what purpose does the gentleman from california seek recognition? mr. mccarthy: mr. speaker, i send to the desk a resolution and ask unanimous consent for its immediate consideration. the speaker pro tempore: the clerk will report the title of the resolution. the clerk: house resolution 1164. resolution providing for the printing of a revised edition of the rules and manual of the house of representatives for the 116th congress. the speaker pro tempore: is there objection to the consideration of the resolution? without objection, the resolution is agreed to and the motion to reconsider is laid pon the table. for what purpose does the gentleman from pennsylvania seek recognition? >> mr. speaker, i ask unanimous consent the committee on transportation and infrastructure discharge from further consideration s. 2377 and ask for immediate consideration in the house. t

business is the question on agreeing to the speaker's approval of the jourm which the chair will put de novo. the question is on agreeing to the speaker's approval of the journal. so many as are in favor say aye. those opposed, no. in the opinion of the chair, the ayes have it. the journal stands approved. for what purpose does the gentleman from ohio seek recognition? >> mr. speaker, i ask unanimous consent to take from the speaker's table the bill, s. 3554, ask for its immediate consideration in the house. the speaker pro tempore: the clerk will report the title of the bill. the clerk: senate 3554, an act to extend the effective date for the sunset for collateral requirements for small business administration disaster loans. the speaker pro tempore: is there objection to the consideration of the bill? without objection, the bill is read a third time and passed. and the most is laid upon the table. -- and the motion to reconsider is laid upon the table. for what purpose does the gentleman from ohio seek recognition? mr. chabot: thank you, mr. speaker. i ask unanimous consent that when the h

business is the question on agreeing to the speaker's approval of the journal which the chair will put de novo. the question is on agreeing to the speaker's approval of the journal. those in favor say aye. those opposed, no. in the opinion of the chair, the ayes have it. the journal stands approved. the house will be in order. members are advised to please remove their conversations from the floor. he house will be in order. he house will be in order. the house will be in order. the chair will now entertain requests for one-minute speeches. the gentleman will suspend. the house is not in order. members are advised to please remove themselves from the floor if talking. for what purpose does the gentleman from florida seek recognition? >> unanimous consent to address the house for one minute. the speaker pro tempore: the gentleman from florida is recognized for one minute. >> thank you, mr. speaker. mr. speaker, this is the last time i'll have the privilege to address this body. it's been an honor to serve the people of florida's 16th and 17th districts over the last 10 years. i'm eternally grat

business is the question on agreeing to the speaker's approval of the journal which the chair will put de novo. the question is agreeing to the speaker's approval of the journal. those in favor say aye. those opposed, no. in the opinion of the chair, the ayes have it. the journal stands approved. the chair will now entertain requests for one-minute speeches. for what purpose does the gentlewoman from florida seek recognition? >> i ask unanimous consent to address the house for one minute and revise and extend my remarks. the speaker pro tempore: the gentlewoman is recognized for one minute. ms. ros-lehtinen: i rise today to recognize and congratulation ieutenant commanter victoria marume on her separation from the united states navy after 11 years of faithful service to our country. an esteemed member of the united states navy, lieutenant commander marume most recently served a these liaison in the navy's u.s. house of representatives liaison's office. i was so grateful for victoria's guidance during delegations that i was so proud to lead abroad as she always handled stressful situations and